LMT a defense large cap dips for buyers LONG

已更新
LMT has been flat sideways since a good earnings beat 5 weeks ago. Lockheed Martin as a

defense contractor is in a growth environment with the US supplying arms to Ukraine as well

a Isreal. Domestic stockpiles and those of NATO are somewhat depleted. The contraacts will not

catch up for years. Gone are the days of making face masks and gowns during COVID to keep

revenues flowing in. I see this 2% dip as a change to get a small discount on what should

be a stock with upside for some years to come. This is a long swing trade not expectant of

a 3-4% profit in a week. I expect to hold this at least until the next earnings if not through

the presidential elections where the defense and national security perspectives of the

incoming or returning president may be a factor in the fundamentals of defense contractors.
交易开始
Price is now 3% above entry. Stop loss moved to break even.
注释
LMT made a small move higher.
交易开始
Price $12 above entry. Will take a partial at the high of day on Monday's session.
Beyond Technical AnalysisdefensecontractorsDFENgeopoliticsGrowthLMTmodernwarfareTRXValue

免责声明